Duluth Metals Highlights 153.5 feet of 0.767% Copper, 0.197% Nickel and 1.988 grams Total Precious Metals at Twin Metals

Duluth Metals Highlights 153.5 feet of 0.767% Copper, 0.197% Nickel and 1.988
  grams Total Precious Metals at Twin Metals Minnesota's Birch Lake Deposit

PR Newswire

TORONTO, Nov. 27, 2012

  *Drill results of an additional 28 holes (BL11-01 to BL12-21) in the Birch
    Lake Deposit of Twin Metals Minnesota
  *The 28 drill holes from the Birch Lake Deposit which are featured in this
    press release will be factored into the final pre-feasibility AMEC
    resource numbers due early December 2012; this is in addition to the 159
    additional drill holes and 70 wedge offsets for the Maturi Deposit
  *The final AMEC resource report will provide the basis for mine planning
    within the pre-feasibility study. Duluth Metals also expects the new
    estimate will confirm the extent and distribution of the higher grade
    portions of the deposit

TORONTO, Nov. 27, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth  Metals") 
(TSX: DM) (TSX: DM.U) is pleased to announce assay results for 28 holes on the
Birch Lake Deposit within  the Twin Metals  Minnesota Project in  northeastern 
Minnesota. The Birch Lake Deposit is  one of three mineral resources in  close 
proximity to one another within the Twin Metals Minnesota Project, these being
the Maturi,  Birch Lake  and Spruce  Road  Deposits. All  of the  holes  have 
significant  length  intercepts   continuing  to  indicate   a  higher   grade 
platinum+palladium+gold (TPM) content within the Birch Lake resource  relative 
to other resources in the project. These additional holes will be incorporated
into the final resource estimate to be issued by AMEC in early December 2012.

"The addition of these holes to the Birch Lake database will provide the basis
for a  stronger estimate  in the  western part  of the  Twin Metals  Minnesota 
Project. The Birch Lake resource provides potential flexibility in the project
as it is  geographically separate (5  miles) from Maturi,  and shows a  higher 
contribution to revenue from precious metals  than some of the other  sections 
in the project", stated Vern Baker, President of Duluth Metals.

Drilling highlights in the Birch Lake Deposit include:

  *BL11-07-W1 returned a 153.5 foot intersection of 0.767% copper, 0.197%
    nickel, 3.0 g/t silver and 1.988 grams TPM (TPM = Platinum+Palladium+Gold)
    at a 0.5% Cu cut-off.
  *BL11-05 returned a 67.5 foot intersection of 0.710% copper, 0.230% nickel,
    2.5 g/t silver and 1.817 grams TPM at a 0.5% Cu cut-off.
  *BL12-09 returned a 101.3 foot intersection of 0.862% copper, 0.273%
    nickel, 3.0 g/t silver and 1.237 grams TPM at a 0.5% Cu cut-off.
  *BL12-10 returned a 53 foot intersection of 0.638% copper, 0.182% nickel,
    2.3 g/t silver and 1.158 grams TPM at a 0.5% Cu cut-off.

Figure 1 is a map illustrating the location of 28 drill holes reported in this
press release  which can  be found  on the  Company website  under this  press 
release at www.duluthmetals.com.

A more detailed summary of the assay results for BL11-01 to BL12-21 as grouped
by areas can be found in the table below. True thickness is estimated at about
90% of core length:

                                                     
   Hole          Zone        From    To  Length  Cu    Ni    TPM
                           (ft)   (ft)  (ft)   (%)   (%)  (g/t)
BL11-01    @0.3% Cu cut-off    2258 2333     75 0.393 0.169 2.689
BL11-02    @0.3% Cu cut-off    2503 2573     70 0.418 0.134 0.311
BL11-03    @0.5% Cu cut-off    2353 2578    225 0.651 0.194 0.781
BL11-04    @0.5% Cu cut-off  2536.5 2588   51.5 0.606 0.225 0.941
BL11-05    @0.5% Cu cut-off  2720.5 2788   67.5 0.710 0.230 1.817
BL11-06    @0.3% Cu cut-off    2428 2543    115 0.437 0.113 0.401
          @0.5% Cu cut-off    2358 2398     40 0.607 0.190 0.572
BL11-07-W1 @0.5% Cu cut-off  2303.5 2457  153.5 0.767 0.197 1.988
BL11-08    @0.3% Cu cut-off  1718.5 1772   53.5 0.406 0.147 0.366
BL12-01    @0.3% Cu cut-off    2672 2817    145 0.522 0.125 0.914
          @0.5% Cu cut-off    2692 2802    110 0.590 0.132 1.050
BL12-02    @0.5% Cu cut-off    2477 2602    125 0.599 0.161 1.097
BL12-03    @0.3% Cu cut-off    2397 2452     55 0.339 0.140 0.438
BL12-04    @0.5% Cu cut-off  2527.7 2632  104.3 0.623 0.165 0.668
BL12-05    @0.3% Cu cut-off  1839.5 1977  137.5 0.395 0.142 0.325
BL12-07    No Significant Mineralized Intercepts
BL12-08    @0.5% Cu cut-off    2202 2292     90 0.570 0.184 0.386
BL12-09    @0.3% Cu cut-off  2475.7 2647  171.3 0.704 0.220 0.907
          @0.5% Cu cut-off  2475.7 2577  101.3 0.862 0.273 1.237
BL12-10    @0.3% Cu cut-off    2146 2277    131 0.488 0.170 0.751
          @0.5% Cu cut-off    2198 2251     53 0.638 0.182 1.158
BL12-11    @0.3% Cu cut-off  2341.1 2467  125.9 0.442 0.161 0.653
BL12-12    @0.5% Cu cut-off    2601 2731    130 0.622 0.191 0.577
BL12-13    @0.3% Cu cut-off  1605.5 1912  306.5 0.409 0.144 0.270
BL12-14    @0.3% Cu cut-off    2352 2432     80 0.449 0.225 0.216
BL12-15    @0.3% Cu cut-off    2416 2536    120 0.447 0.139 0.483
BL12-16    @0.3% Cu cut-off    2402 2582    180 0.476 0.298 0.246
BL12-17    @0.3% Cu cut-off    2426 2527    101 0.448 0.146 0.868
BL12-18    @0.3% Cu cut-off    2327 2407     80 0.456 0.142 0.833
BL12-19    @0.3% Cu cut-off  1704.5 1892  187.5 0.653 0.233 0.380
          @0.5% Cu cut-off  1704.5 1867  162.5 0.700 0.228 0.413
BL12-20    @0.3% Cu cut-off    2233 2308     75 0.466 0.153 0.633
BL12-21    @0.5% Cu cut-off 2203.25 2307 103.75 0.583 0.204 0.376



(*TPM = Platinum+Palladium+Gold)

Complete gold, platinum, palladium, silver and cobalt assays for BL11-01 to
BL12-21 are as follows:

                                                               
   Hole          Zone        From    To  Length  Pt    Pd    Au    Co    Ag
                           (ft)   (ft)  (ft)  (g/t) (g/t) (g/t)  (%)  (g/t)
BL11-01    @0.3% Cu cut-off    2258 2333     75 0.901 1.567 0.221 0.013   1.4
BL11-02    @0.3% Cu cut-off    2503 2573     70  0.08 0.181 0.050 0.011   1.3
BL11-03    @0.5% Cu cut-off    2353 2578    225 0.204 0.473 0.105 0.012   2.4
BL11-04    @0.5% Cu cut-off  2536.5 2588   51.5 0.274 0.562 0.105 0.011   2.1
BL11-05    @0.5% Cu cut-off  2720.5 2788   67.5 0.510 1.115 0.192 0.009   2.5
BL11-06    @0.3% Cu cut-off    2428 2543    115 0.155 0.190 0.056 0.011   1.7
          @0.5% Cu cut-off    2358 2398     40 0.147 0.340 0.085 0.010   2.1
BL11-07-W1 @0.5% Cu cut-off  2303.5 2457  153.5 0.595 1.118 0.275 0.013   3.0
BL11-08    @0.3% Cu cut-off  1718.5 1772   53.5 0.115 0.200 0.051 0.012   1.2
BL12-01    @0.3% Cu cut-off    2672 2817    145 0.250 0.559 0.105 0.008   1.6
          @0.5% Cu cut-off    2692 2802    110 0.285 0.645 0.120 0.008   1.8
BL12-02    @0.5% Cu cut-off    2477 2602    125 0.277 0.644 0.177 0.009   2.4
BL12-03    @0.3% Cu cut-off    2397 2452     55 0.126 0.259 0.053 0.009   1.2
BL12-04    @0.5% Cu cut-off  2527.7 2632  104.3 0.174 0.395 0.099 0.011   2.0
BL12-05    @0.3% Cu cut-off  1839.5 1977  137.5 0.089 0.185 0.052 0.010   1.2
BL12-07    No Significant Mineralized Intercepts
BL12-08    @0.5% Cu cut-off    2202 2292     90 0.102 0.219 0.065 0.010   1.7
BL12-09    @0.3% Cu cut-off  2475.7 2647  171.3 0.256 0.533 0.119 0.012   2.5
          @0.5% Cu cut-off  2475.7 2577  101.3 0.360 0.715 0.163 0.014   3.0
BL12-10    @0.3% Cu cut-off    2146 2277    131 0.231 0.417 0.103 0.010   1.7
          @0.5% Cu cut-off    2198 2251     53 0.372 0.624 0.163 0.008   2.3
BL12-11    @0.3% Cu cut-off  2341.1 2467  125.9 0.194 0.388 0.071 0.011   1.5
BL12-12    @0.5% Cu cut-off    2601 2731    130 0.142 0.347 0.087 0.009   2.1
BL12-13    @0.3% Cu cut-off  1605.5 1912  306.5 0.066 0.156 0.047 0.010   1.6
BL12-14    @0.3% Cu cut-off    2352 2432     80 0.059 0.132 0.024 0.013   0.8
BL12-15    @0.3% Cu cut-off    2416 2536    120 0.130 0.286 0.067 0.009   1.1
BL12-16    @0.3% Cu cut-off    2402 2582    180 0.068 0.144 0.034 0.016   0.6
BL12-17    @0.3% Cu cut-off    2426 2527    101 0.231 0.523 0.114 0.010   1.8
BL12-18    @0.3% Cu cut-off    2327 2407     80 0.254 0.468 0.111 0.009   1.6
BL12-19    @0.3% Cu cut-off  1704.5 1892  187.5 0.095 0.230 0.055 0.012   2.1
          @0.5% Cu cut-off  1704.5 1867  162.5 0.103 0.250 0.060 0.011   2.3
BL12-20    @0.3% Cu cut-off    2233 2308     75 0.180 0.379 0.073 0.010   1.1
BL12-21    @0.5% Cu cut-off 2203.25 2307 103.75 0.101 0.218 0.058 0.013   2.0



The Twin Metals  Minnesota Project  covers over 32,000  acres of  land/mineral 
interests and consolidates the largest  base and precious metal land  position 
in Minnesota.  This extensive  land  position provides  Twin Metals  with  the 
platform to  plan  and  develop  one  the  world's  largest  copper-nickel-PGM 
deposits within a new emerging mining belt in Minnesota, USA.

For the 2011-2012 Birch Lake Drill Program, half core samples were prepared at
ALS Minerals laboratories in  Thunder Bay and then  shipped to its  analytical 
facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a
30g standard fire assay with an ICP-AES finish and for 33 other elements using
a four acid (near  total) digestion and a  combination of ICP-MS and  ICP-AES. 
ICP over-limits for copper and  nickel are re-analyzed using dissolution  four 
acid (near total)  digestion followed by  ICP-AES or AAS.  The remaining  half 
core samples are being stored in Minnesota.

Phillip Larson, P. Geo. is the  Qualified Person for Duluth Metals and  Senior 
Geologist for Duluth  Metals, in  accordance with  NI 43-101  of the  Canadian 
Securities Administrators,  and is  responsible  for Duluth  Metals  technical 
content of this press  release and quality assurance  of the exploration  data 
and analytical results.

About Duluth Metals Limited

Duluth Metals  Limited is  committed to  acquiring, exploring  and  developing 
copper, nickel and platinum  group metal (PGM) deposits.  Duluth Metals has  a 
joint venture  with Antofagasta  plc  on the  Twin Metals  Minnesota  Project, 
located  within  the   rapidly  emerging   Duluth  Complex   mining  camp   in 
north-eastern Minnesota. The Duluth Complex  hosts one of the world's  largest 
undeveloped repositories of  copper, nickel  and PGMs,  including the  world's 
third largest accumulation of nickel sulphides, and one of the world's largest
accumulations of polymetallic copper and platinum group metals. Aside from the
joint venture, Duluth Metals retains  a 100% position on approximately  40,000 
acres of mineral interests  on exploration properties  adjacent to and  nearby 
the Twin Metals Minnesota LLC joint venture.

About Twin Metals Minnesota LLC

Twin Metals Minnesota, LLC,  is a joint venture  company, 60 percent owned  by 
Duluth Metals  Limited and  40 percent  by Antofagasta  plc. Twin  Metals  was 
formed in 2010 to pursue the development and operation of a copper, nickel and
platinum group metals (strategic metals) underground mining project within the
Duluth Complex in northeastern Minnesota.  Twin Metals holds mineral and  land 
assets of approximately 32,000 acres  of leased and permitted land,  including 
mineral resources prepared in compliance with the requirements of NI 43-101.

This   press   release   contains   forward-looking   statements    (including 
"forward-looking  information"  within  the  meaning  of  applicable  Canadian 
securities legislation and "forward-looking statements" within the meaning  of 
the US Private Securities  Litigation Reform Act of  1995) relating to,  among 
other things,  the  results  of  drilling  operations  of  Duluth  Metals  and 
exploration and mine development.  Generally, forward-looking statements  can 
be identified by  the use of  words such  as "plans", "expects"  or "does  not 
expect",  "is  expected",  "budget",  "scheduled",  "estimates",  "forecasts", 
"intends",  "anticipates"  or  "does   not  anticipate",  or  "believes",   or 
variations of  such words  and  phrases or  statements that  certain  actions, 
events or results "may", "could", "would", "might" or "will be taken", "occur"
or "be achieved".  Duluth Metals has  relied on a  number of assumptions  and 
estimates  in  making  such  forward-looking  statements,  including,  without 
limitation, the prices of copper, nickel and platinum group metals (PGMs)  and 
the costs associated with continuing exploration and mining development. Such
assumptions and estimates are made in light of the trends and conditions  that 
are considered to be  relevant and reasonable  based on information  available 
and the circumstances  existing at  this time. A  number of  risk factors  may 
cause actual  results, level  of  activity, performance  or outcomes  of  such 
exploration and/or  mine development  to be  materially different  from  those 
expressed or  implied by  such forward-looking  statements including,  without 
limitation, whether  such  discoveries  will  result  in  commercially  viable 
quantities of  such  mineralized  materials, the  possibility  of  changes  to 
project parameters as  plans continue to  be refined, the  ability to  execute 
planned exploration  and  future  drilling programs,  possible  variations  of 
copper, nickel  and PGM  grade  or recovery  rates,  the need  for  additional 
funding to continue exploration efforts,  changes in general economic,  market 
and business conditions,  and those other  risks set forth  in Duluth  Metals' 
most recent annual information  form under the heading  "Risk Factors" and  in 
its other public  filings. Statements related  to "reserves" and  "resources" 
are deemed forward-looking statements as they involve the implied  assessment, 
based  on  realistically  assumed  and  justifiable  technical  and   economic 
conditions, that  an  inventory  of mineralization  will  become  economically 
extractable.  Forward-looking  statements  are   not  guarantees  of   future 
performance and such information  is inherently subject  to known and  unknown 
risks, uncertainties and other factors that  are difficult to predict and  may 
be beyond the control of Duluth Metals. Although Duluth Metals has  attempted 
to identify  important risks  and  factors that  could cause  actual  actions, 
events or results to differ materially from those described in forward-looking
statements, there may be other factors and risks that cause actions, events or
results not to be as anticipated, estimated or intended. Consequently,  undue 
reliance should not be placed on such forward-looking statements. In addition,
all forward-looking statements in this press release are given as of the  date 
hereof. Duluth  Metals disclaims  any intention  or obligation  to update  or 
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, save and  except as may be required by  applicable 
securities  laws.  The  forward-looking   statements  contained  herein   are 
expressly qualified by this disclaimer.





SOURCE Duluth Metals Limited

Image with caption: "Figure 1: Twin Metals - Birch Lake Drilling Nov. 2012
(CNW Group/Duluth Metals Limited)". Image available at:
http://photos.newswire.ca/images/download/20121127_C3693_PHOTO_EN_21238.jpg

Contact:

Mara Strazdins
Vice President Investor Relations and Corporate Communications
Telephone: (416) 369-1500 ext. 222
Email:mstrazdins@duluthmetals.com

Vern Baker
President
Telephone: (651) 389-9990
Email:vbaker@duluthmetals.com

Webpage:www.duluthmetals.com